The Cedi’s weaknesses elevated further this week as it nursed losses against its three major trading partner currencies on the Open Forex Market (oanda.com). The Cedi’s performance this week comes
Currency News for January 10, 2022
The Cedi began the year nursing losses against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex Market (oanda.com).
Currency Rates for January 4, 2021
BoG Inter-Bank Rates Current Previous w-o-w Change w-o-w % Change YTD USD 6.0091 5.9839 -0.025 -0.42% – GBP 8.1363 8.0615 -0.075 -0.93% – EUR 6.7882 6.7846 -0.004 -0.05% –
Currency Rates for December 29, 2021
BoG Inter-Bank Rates Current Previous w-o-w Change w-o-w % Change YTD USD 5.9839 5.9568 -0.027 -0.45% -3.83% GBP 8.0615 7.8701 -0.191 -2.43% -3.01% EUR 6.7846 6.7186 -0.066 -0.98% 4.06%
Currency News for December 20, 2021
Fast spreading Omicron jitters coupled with increasing demand for forex sent the Ghana Cedi tumbling against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank
Currency News for December 13, 2021
Liquidity on each end of the currency market caused the Cedi to move in opposite directions as the local unit slid against its three major trading partner currencies on the
Currency News for December 6, 2021
The Ghana Cedi opened the week mixed against its three major trading partner currencies on both the Bank of Ghana (BoG) inter-bank trading platform and the Open Forex Market (oanda.com).
Currency News for November 29, 2021
Jitters accompanying the highly mutated coronavirus variant sent investors fleeing from emerging market and risk-sensitive currencies as more countries record cases of the Omicron variant. The Cedi remained subdued against
Currency News for November 22, 2021
A move by Ghana’s central bank to further tighten its intervention in the currency market helped the Cedi to gain some respite on the Open Forex Market (oanda.com) as it
Currency News for November 15, 2021
Ahead of the presentation of the 2022 budget statement to Ghana’s parliament later in the week, the Cedi extended its week-on-week gains against the Pound and the Euro for the
Currency News for November 8, 2021
After a surprise shift in policy directions of major international central banks, the Cedi registered a reprieve as it posted its first week-on-week rise in seven weeks against the Dollar
Currency News for November 1, 2021
Persistent and increasing support for the Cedi by the nation’s central bank has failed to revamp the falling local unit as the Cedi opened the week nursing losses against the